Debt

Let’s Throw Some Money at Our Problems: March 2015 Check-in

It’s time to check in on our debt payments and savings goals again.

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President Obama and the Student Aid Bill of Rights

It’s been almost a month since President Obama spoke about improving college education opportunities during his State of the Union address, and now we have a new development: on March 10, the White House released a Fact Sheet on the new Student Aid Bill of Rights: Taking Action to Ensure Strong Consumer Protections for Student Loan Borrowers.

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Giving Up a House to Pay Off $63,000 in Credit Card Debt

Sleepless nights. A knot in the pit of the stomach. A gnawing sense of unease.

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Let’s Throw Some Money at Our Problems: February 2015 Check-in

Tackling that debt.

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Strikes, Walk Outs, & Other Old Answers To Today’s Higher Ed Problems

“‘In reality, many of us will never come close to paying off these debts.’”

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What’s Student Loan Debt Preventing You From Doing? A Lot of Things

Nicole wrote yesterday that the reason she’s not a homeowner is because owning a home means building a life together with someone else, and she’s still waiting for the right person to come along. At the same time Nicole’s post went up, the Associated Press reported that student debt is one of the biggest factors that’s preventing young people from buying homes.

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For Poorer

As the twentieth century draws to a close, I find myself the father of three boys under five.

The youngest is born under circumstances that seem positively routine compared with our first outing. When I return to hospital six hours after the birth, my wife is dressed and ready to go, the baby packed up like hand luggage.

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The Punishment For Defaulting On Student Loans Is Harsher Than You Imagined

Various states — at least 22 of them, currently — have decided to put the fear of god in their young workers. Jobs With Justice explains:

In Alaska, California, Florida, Georgia, Hawaii, Illinois, Iowa, Kentucky, Louisiana, Massachusetts, Minnesota, Mississippi, Montana, New Jersey, North Dakota, Oklahoma, Tennessee, Texas, Virginia and Washington, nurses and health-care professionals can all be locked out from their job if they fall into default on their student loans.

In Georgia, Hawaii, Iowa, Louisiana, Massachusetts, Montana, New Jersey, North Dakota, Oklahoma and Tennessee, laws prevent K–12 teachers from working until they begin to repay their student loans. …

These state laws target a wide range of professions, including attorneys, physicians and therapists – even barbers make the list. But two professions show up over and over again: nurses and teachers.

Both professions serve a critical role in our communities and are often wildly underpaid. Are we really in a position to be punishing the people we need the most?

That is what you might call a rhetorical question. 

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Let’s Throw Some Money at Our Problems: January 2015 Check-in

Pull up those balances!

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